The most important sectors of Ireland’s economy in 2018 were industry (36.5%), information and communication (12.1%) and wholesale and retail trade, transport, accommodation and food service activities (11.7%) and public administration, defence, education, human health and social work activities (10.5%). Currency: EURO GDP Per Capita: 78,661.0 USD (2019) GDP Growth Rate: 5.5%annual change (2019) Gross Domestic Product: 393,849.94 million (2019) GNI Per Capita: 68,060 PPP dollars (2019)
Ireland’s main export partners are the US, the UK and Belgium, while its main import partners are the UK, the US and Germany. Exports: The top exports of Ireland are Blood, antisera, vaccines, toxins and cultures ($32.9B), Packaged Medicaments ($28.1B), Nitrogen Heterocyclic Compounds ($17.6B), Scented Mixtures($8.75B), and Medical Instruments ($6.61B) Imports: The top imports of Ireland are Planes, Helicopters, and/or Spacecraft ($11.1B), Unpackaged Medicaments ($6.56B), Computers ($3.87B), Packaged Medicaments ($3.27B), and Refined Petroleum ($3.26B). Ireland exports mostly to United States ($49.3B), United Kingdom ($18.5B), Belgium-Luxembourg ($17B), Germany ($12.7B), and Switzerland ($8.74B), and imports mostly from United Kingdom ($27.4B), United States ($17.7B), Germany ($14.2B), Netherlands ($4.54B), and France ($4.4B).
Finances with EU
Breakdown of Ireland’s finances with the EU: Total EU spending in Ireland: 2.064 billion Total EU spending as %of Irish gross national income (GNI): 0.82% Total Irish contribution to the EU budget: 2.320 billion Irish contribution to the EU budget as % of its GNI: 0.92%